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You hold a portfolio with the following securities: Security Balance Beta Return Able Corp. 60,000 3.20 36.0% Baker Corp. 40,000 1.60 18.0% Cameron Corp. 20,000

You hold a portfolio with the following securities:

Security Balance Beta Return

Able Corp. 60,000 3.20 36.0%

Baker Corp. 40,000 1.60 18.0%

Cameron Corp. 20,000 0.80 7.0%

What is the portfolio beta?

1.

2.05

2.

1.17

3.

2.27

4.

1.87

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